Siemens Gamesa exec: Tough pricing pressure may stay until 2020

In 2020, pricing pressure may stabilize near former levels, with a 3 to 5 percent reduction per year, predicts Siemens Gamesa CEO Markus Tacke.

Photo: Siemens Gamesa

Prices are plunging in the wind turbine industry. That is clear to most observers.

And that may not be a unfavorable thing, according to turbine manufacturers, because it is a sign that the technology has become more completive with other energy sources.

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